Delta Lloyd selects Clear2Pay corporate payments hub Sepa offering

Source: Clear2Pay

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces today that it is implementing its Corporate Payment Hub Sepa solution to power Delta Lloyd's new group-wide central payments infrastructure.

The new Central Payment Facility serves all parts of the Delta Lloyd Group and acts as a multi-label, multi-bank and multi-risk carrier. At a functional level, and as compliance demands, the SOA technology enables the various businesses to operate autonomously in terms of processes and client data, yet use the same single and efficient payment infrastructure and centralize data storage. The flexible nature of the Corporate Payment Hub further ensures that the central payment facility meets the various and unique demands of each group subsidiary through the flexible use of business rules significantly reducing implementation effort and keeping in step of ongoing evolutions. The project is scheduled to go live by mid 2012.

Peter Heemskerk, IT Director at Delta Lloyd states: "Clear2Pay's solution gives us the best of both worlds: optimization and operational efficiency, yet flexibility in the business where we need it. The already significant and rapidly growing market presence of the Corporate Payment Hub, which we implemented earlier, gave us the confidence to make this move towards full SEPA compliance with Clear2Pay's technology as well."

Jeroen Faas, VP Sales Clear2Pay Netherlands adds: "We are proud to work with such a prestigious and forward looking client as Delta Lloyd who made the strategic decision to use the SEPA market event as a compelling initiative to implement one single payments infrastructure for the group, which manages all payments and receivables. As such they are one of the first customers within the corporate domain to enhance the existing platform with the SEPA Extended Edition module further validating our strong and effective product approach and we are delighted with this extension of our relationship." 

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